Only 42% of investors who own shares directly do so through a brokerage firm, a huge drop from 59% just two years ago. That finding comes from the Canadian Shareowners Study, sponsored by the TSX Group.The study is discussed in the October edition of Wealth Watch, published by the Investment Dealers Association of Canada.According to […]
More than US$117 billion in capital raised in Q2
Affirms ratings for three other Wall Street firms
Firms tighten belts to control expenses
Firms must regain consumer confidence
Mutual fund sales revenue, asset management fees show stronger results
Surge in commissions stems losses: IDA
Standard & Poor’s concedes that the U.S. brokerage industry has shown strong year over year earnings growth, but says that this performance must be viewed in light of the industry’s unusually weak performance in third-quarter 2002.S&P says that the brokers’ performance in 2003 has been buttressed by an accommodative Federal Reserve Baord, tightening credit spreads, […]
Five funds added to seg fund lineup
Merged brokerage third-largest in U.S.